A legally binding contract between a property owner and a property manager that outlines the terms and conditions of their business relationship.
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A measure of how quickly a short-term rental property receives bookings over a given period. A higher velocity indicates strong demand.
The use of game-like elements, such as points, badges, and leaderboards, to motivate guest engagement and loyalty within a short-term rental context.
The process of handling guest inquiries, booking requests, and other communications received through various platforms like Airbnb and VRBO.
A reservation made directly through a host’s website or personal channels, bypassing third-party platforms and their associated fees.